Hope Foundation of Kenya

Analysis

Hope Foundation of Kenya is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hope Foundation of Kenya reported income of $583k and spending of $631k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $507k to $583k (+15%), an average of +2.8% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Foundation of Kenya sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Accessible Hope International ($583k), Liberty Caribbean Foundation Inc ($583k) and Global Assistance Inc ($583k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (20% of expenses). At year end it held assets of $204k against liabilities of $112k, net assets of $91k. It reported 3 employees.